Stock Market Live Updates Today: Sensex jumps over 500 points after flat opening, Nifty above 24,600
The Sensex and Nifty recovered from early losses to trade firmly higher on Friday, even as a rout in global equity markets weighed on investor sentim
Sensex rises 0.6%, Nifty gains 0.35%; rupee strengthens to 94.38 against dollar The Sensex rose 0.6% to 79,794 and the Nifty advanced 0.35% to 24,621 as of 10:05 am, supported by sustained foreign fund inflows. Indian stocks remained relatively resilient despite a global market sell-off, with limited exposure to major AI-related stocks providing some insulation. The rupee gained 0.1% to 94.38 against the dollar, while government bond yields rose nearly 3 basis points to 7.1988%, pressured by higher oil prices and US Treasury yields. .M&M, Titan lead Nifty gainers; Hindalco, Shriram Finance among top losers Mahindra & Mahindra led the Nifty 50 gainers, rising 4.56%, followed by Titan, which climbed 2.43%. TCS, HDFC Bank, Adani Ports and ICICI Bank were among the other notable gainers, with advances of over 1.5%. On the losing side, Hindalco dropped 2.84%, the most among Nifty constituents, followed by Shriram Finance, which fell 2.66%. Power Grid, Adani Enterprises, Jio Financial Services and BEL were also among the laggards. Overall, market breadth remained weak, with more stocks trading in the red than in the green. .M&M leads Sensex gainers with 5.4% jump; Power Grid, BEL among top losers Mahindra & Mahindra was the top Sensex gainer, rising 5.41% to Rs 3,272 as of 10:05 am, followed by Titan, which gained 2.56%. TCS, Infosys, ICICI Bank and HDFC Bank were among the other notable gainers. On the losing side, Power Grid fell the most, declining 2.47%, followed by BEL (1.28%), Bajaj Finance (1.21%) and Asian Paints (1.17%). Of the 30 Sensex constituents, 18 were trading higher and 12 lower. .Nifty gains over 118 points in early trade, climbs above 24,650 The NSE Nifty 50 rose 118.35 points, or 0.48%, to 24,654.95 as of 9:50 am, recovering from muted opening. The index touched an intraday high of 24,660.60, after slipping to a low of 24,388.05. Market breadth remained weak, with 27 stocks declining against 23 advancing. .Sensex jumps over 500 points in early trade, hits 79,857 The BSE Sensex surged 510.34 points, or 0.64%, to 79,820.35 as of 9:49 am, recovering from a muted start amid volatility in global markets. The index touched an intraday high of 79,857.11, after opening at 79,413.66..Sensex trades flat at 79,354 in early trade The BSE Sensex was trading nearly flat at 79,353.93 as of 9:24 am, up 43.92 points or 0.06%, after rising by over 150 points, from its previous close of 79,310.01. .Nifty slips 46 points in early trade, trades below 24,500 The NSE Nifty 50 was trading at 24,490.10 in early trade, down 46.50 points at 9.24am or 0.19% from its previous close of 24,536.60. The index opened marginally higher at 24,538.20 but soon slipped into negative territory. .Sensex gains over 150 points in early trade despite weak global cues The BSE Sensex was trading at 79,471.98 in early trade at 9.22 am, up 161.97 points or 0.20% from its previous close of 79,310.01. The index touched an early high of 79,523.61 and a low of 79,016.05. .Nifty opens flat at 24,538, marginally up 1.6 points The NSE Nifty 50 opened at 24,538.20, just 1.60 points or 0.01% higher than its previous close of 24,536.60. Market breadth was weak, with 39 stocks declining and 11 advancing. .Sensex opens flat amid weak global cues The BSE Sensex opened marginally higher at 79,413.66 on Friday, up 103.65 points or 0.13% from its previous close of 79,310.01. .Japan's Nikkei plunges 5.3% as AI sell-off deepens; heads for worst day in eight months Japan's Nikkei share average plunged 5.3% to 57,858.61 midday break, extending a sell-off in technology and AI-linked stocks amid concerns over tighter regulation and a possible slowdown in AI spending following the Democrats' sweep in the US midterm elections. The index had fallen as much as 7.1% during the session and was heading for its worst daily performance in eight months. The broader Topix also slumped 5.4%, with all 33 industry sectors trading lower. The sell-off followed steep overnight losses on Wall Street, where the S&P 500 and Nasdaq recorded their biggest daily falls since April 2025. AI-linked stocks bore the brunt, with SoftBank Group tumbling 9.3% and chip-testing equipment maker Advantest falling 4.6%. The Nikkei has declined every day this week and is on track to lose 8.6% for the week, its steepest weekly fall since March 2025. Market volatility has also climbed to its highest level since March 31, as investors reassess AI companies' growth prospects, infrastructure spending and profitability. .Sensex, Nifty set to snap six-session winning run as global market rout hits sentiment Indian benchmark indices are likely to open lower, ending a six-session winning streak, as a sharp sell-off in global markets weighed on investor sentiment. The Nifty 50 and Sensex had surged 2.4% and 2.6%, respectively, on Thursday, their strongest session in seven months, supported by falling oil prices and record foreign fund buying. However, a steep Wall Street sell-off led by technology stocks dragged Asian markets lower, with South Korea's Kospi plunging 8% and Japan's Nikkei falling 5%. GIFT Nifty indicated a weaker start, while investors assessed the potential impact of the US midterm results on AI regulation and foreign policy. .'The worst appears to be behind us from a macro perspective': Shahzad Madon MD & CEO TCG AMC “Higher energy prices, the AI trade, currency weakness and FII outflows until recently were the big overhang on the Indian market. Now that pressure is easing, the worst appears to be behind us from a macro perspective. Market performance will ultimately be driven by fundamentals and earnings. India’s macros have held up very well in a difficult global economy and corporate India’s results have been strong over the last three quarters. This should set the stage for a strong growth going ahead. For investors, this is an opportunity to look beyond near-term uncertainties and focus on the underlying fundamentals as valuations are far more reasonable post two years of market underperformance, while earnings have continued to compound. We believe that the risk-reward is increasingly favourable," said Madon..South Korea eases stock investment rules for three months to curb market volatility South Korea will temporarily relax collateral requirements for securities firms offering credit to retail investors in a bid to prevent forced selling and contain market volatility. The finance ministry said the 140% collateral requirement will be waived for three months from Monday, after the benchmark stock index fell to a nine-month low. Authorities said they would consider further measures if market volatility continued to rise. .Wall Street bloodbath: $2.5 trillion wiped out as Nasdaq suffers worst crash in 18 months Wall Street suffered a massive selloff on Thursday (local time), wiping out a whopping $2.5 trillion in market value in a single day amid AI fears. The fall came as investors pulled back from technology stocks amid growing concerns over heavy artificial intelligence spending and the possibility of tighter industry regulation. The Nasdaq suffered its worst fall in 18 months while the S&P 500 recorded its worst single-day fall since April 2025. Read full story .Asian markets slide as AI sell-off on Wall Street triggers global rout; Nikkei plunges 5.7% Asian markets fell sharply after a steep sell-off in AI-linked stocks dragged Wall Street to its worst session since April 2025. Japan's Nikkei 225 dropped 5.7% by midday, while South Korea's Kospi plunged 7.4% and Australia's S&P/ASX 200 slipped 1%. On Wall Street, the S&P 500 sank 4.4%, the Nasdaq plunged 5.5% and the Dow shed 1,833 points. Nvidia tumbled 9.3% amid concerns over stretched AI valuations, high data centre costs and the possibility of regulatory hurdles to new projects following Democratic gains in the US midterm elections.
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